[国际经济系seminar]Investment liberalisation, technology take-off and export market entry: Does foreign ownership structure matter
发文时间:2015-07-06

国际经济系seminar


时间:2015年7月7日(周二)中午12:00-13:30

地点:明德主楼734会议室

演讲人:龚云丹博士

主题:Investment liberalisation, technology take-off and export market entry: Does foreign ownership structure matter

摘要:  
In the run up to its accession to the WTO in 2001, China has undergone a far-reaching investment liberalisation. As part of this investment liberalisation process, existing restrictions on foreign ownership structure and mandatory export and technology transfer requirements imposed on foreign firms have been lifted in a number of industries. We exploit these facts to identify the causal effects of foreign acquisitions on export markets entry and technology take-off and to evaluate whether the level of foreign ownership plays a role in stimulating these changes. Using doubly robust propensity score reweighted bivariate probit regressions to control for the selection bias associated with firm level foreign acquisition incidences, we uncover strong but heterogeneous positive effects on export activity for all types of foreign ownership structure. We also find that minority foreign owned acquisition targets experience higher likelihood of R&D, providing evidence that joint ventures between foreign owners and Chinese firms can contribute positively to China’s “science and technology take-off”.  
   
演讲人简介:  
龚云丹博士,现任英国阿斯顿大学副教授。获英国诺丁汉大学博士,曾在英国诺丁汉大学经济系及全球化和经济政策研究中心(GEP)任研究人员。主要研究方向是:企业对全球化的应对,和应用微观计量分析。研究成果主要在Journal of International Economics, Journal of Economic Behavior & Organization, World Bank Economic Review, International Journal of Industrial Organization, Scandinavian Journal of Economics 期刊上发表。同时也多次主持和参加英国贸易与投资署等政府项目。她的文章在2013年被评为国际商务学会年会英国及爱尔兰分会的“国际商务和金融类的最佳论文”,2015年被提名为国际商务学会年会最佳论文候选文章。  
 


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